$CRWD

Podbere Burt W. sold $42.0M of CRWD (indirect holdings)

Podbere Burt W. (CHIEF FINANCIAL OFFICER) sold 160,000 indirectly-held shares of CrowdStrike Holdings, Inc. (CRWD) at an average of $262.68 ($262.25–$263.51, $42.03M total) across 4 trades on 2026-09-24 under a Rule 10b5-1 trading plan.

Original reporting
SEC EDGAR · Podbere Burt W.
Published Sep 26, 2026, 1:30 AM UTC
Analysis
AlphAI AI DeskAI-generated
Added to AlphAI Sep 26, 2026, 1:46 AM UTC. Informational, not investment advice.
How this was made
AlphAI summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
AlphAI market briefInsider activity
Primary signal
$CRWD
Bearish
medium confidence
Mentioned
$CRWD
Relevance
6/10
AlphAI data visualization · based on SEC EDGAR
Decision brief

The 30-second read

$CRWDBearishMed
01

Why it matters

The CFO's sizable sale may be interpreted by investors as a negative signal, prompting short-term trading activity.

02

Market read

Direct insider sell of $42M is a material event for CRWD, influencing short-term price dynamics.

03

What to watch

Potential tax planning or diversification motives for the CFO.

Relevance 6/10Novelty 7/10Timing: post-market 2026-09-24

Background

Form 4 filings provide the first public disclosure of insider transactions.

Company-level read

Ticker impact

$CRWDBearishMedium confidence
Context

CFO Burt W. Podbere sold 160,000 shares for $42M via a 10b5-1 plan, reducing his stake to 53,804 shares.

Expected impact

Possible modest price dip in the next trading session.

Evidence & confidence

A $42M sale by the CFO is material and disclosed via Form 4, indicating a direct reduction in insider ownership.

Market effects

May raise concerns for the cybersecurity sector if other insiders follow suit.

Limited to U.S. markets where CrowdStrike trades.

Minimal global impact beyond investor sentiment on CrowdStrike.

Counterpoint

The sale could be a routine liquidity event unrelated to company outlook.

Key entities

  • Burt W. Podbere

    Chief Financial Officer of CrowdStrike Holdings, Inc.

Full insider trading history

This story covers one filing. See everything behind it: every insider buy and sell on record, 10b5-1 plans, late filings, and which officers and directors are trading.

Related articles

$FTNTHighAI 8/10

Fortinet Tumbles 20% as Service Revenue Forecast Cut Overshadows Beat; Palo Alto Drops 5%, CrowdStrike Falls 4%

Fortinet (FTNT) fell 20% after cutting its service revenue forecast, despite beating earnings and raising billings guidance. Palo Alto (PANW) and CrowdStrike (CRWD) also dropped 5% and 4%, respectively, due to sympathy selling. Fortinet's service revenue grew 13%, lagging behind product revenue growth of 37%. Analysts lowered price targets for Fortinet, with BofA and Piper Sandler setting targets at $140, and Mizuho at $118.

$MSFTHigh

Premarket movers: Microsoft rises; Alphabet drags software stocks lower

Microsoft (MSFT) shares rose 2.8% premarket after reporting strong Q1 results, with earnings of $4.89 per share and revenue of $92.28 billion, driven by 48% Azure revenue growth. Alphabet (GOOGL) shares dropped over 10% after missing earnings expectations, with EPS at $2.12 vs. $3.02 consensus. Software stocks fell, with Fortinet (FTNT) down 25% and ServiceNow (NOW) down 18.1% after disappointing results. Marvell (MRVL) fell 9.5% amid acquisition talks for Lumentum (LITE).

$GOOGLMed

Alphabet drags on Nasdaq futures as the stock faces a record post-earnings loss

Alphabet shares fell over 10% premarket, risking a record post-earnings loss. Search revenue missed forecasts, raising concerns about AI impact. Microsoft shares rose on Azure growth and lower capex guidance, but neocloud stocks declined. Amazon reports earnings later, with analysts focusing on AWS growth. Fortinet's 25% drop dragged down cybersecurity stocks.

$QLYSMed

Black October Is Changing How Companies Buy Cybersecurity. 5 Stocks in the Line of Fire

In October 2026, critical flaws in PHP led to a rush for cybersecurity patches, dubbed Black October. Large companies can secure systems, but smaller firms struggle. Five cybersecurity stocks saw gains: Qualys (QLYS) +3.6%, Tenable (TENB) +5.1%, Cloudflare (NET) +7.1%, CrowdStrike (CRWD) +7.1%, and Okta (OKTA) +6%. Each company's role in the patching process and financials were detailed.